The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
1,500 jobs Number of planned job creations
Announcement Date
12 September 2009
Employment effect (start)
Foreseen end date
Description
Fortis, an insurance company, has announced plans to create more than 1500 jobs across the UK. The new jobs come as part of an agreement between the company and the supermarket giant Tesco. The agreement foresees the provision of Fortis car insurance products to the financial branch of Tesco. As of 13 September 2009 no date has been given for the implementation of the new jobs.
Sources
12 September 2009: BBC News
Citation
Eurofound (2009), Fortis, Business expansion in United Kingdom, factsheet number 69527, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69527.
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